Nory is an Irish startup that specializes in artificial intelligence-based operating systems for hospitality establishments. Made for businesses of all sizes, Nory helps your favorite restaurants thrive.
Innovation in the hospitality industry revolves around one thing: the digitization of operation workflows. Current solutions on the market focus on one single operation aspect and lack cohesion. Most products will focus on one of the following: inventory management, human resources, or payroll.
Nory’s solution encompasses all aspects of operational management. It facilitates restaurants’ performance, workforce, and inventory management. Their platform provides businesses with AI generated solutions to forecast hourly sales, maximize scheduling capacity, and more.
Founder and CEO, Conor Sheridan, says “Our mission is to revolutionize how restaurants and bars are run around the world. No easy feat, but that’s why it’s so exciting. To be a part of a team that is thriving to make such a positive impact on millions of people, now that’s worth jumping out of bed for! We believe leveraging technology like Nory will make a huge difference to operators by helping them further professionalize their businesses, increase productivity and ultimately boost profits. Nory offers the recipe for success, providing hospitality managers with all the ingredients to run an efficient and profitable venue. We’re on a mission to empower businesses all over the world to thrive, and this funding will enable us to continue helping the hospitality industry reach its full potential.”
Conor is an entrepreneur with quite the track record. He previously founded Mad Egg, Ireland’s fastest-growing independent restaurant.The creation of Nory, comes after his firsthand experience as a restaurant owner and operator. Nory is the solution Conor wished he had.
The funding was led by Samaipata with participation from Triple Point Ventures, Playfair Capital, Circlerock and Cavalry VC. The funding will help Nory further develop their technology and will fund their expansion in the Spanish market.
The 2CFinance Transaction Services team made up of Jacques Haccoun, Michael Bonnaud and Célian Vergeat conducted due diligence of Nory.